证券代码：001308 证券简称：康冠科技 公告编号：2025-040 深圳市康冠科技股份有限公司 关于为子公司提供担保的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 特别风险提示： 要求的担保。 同时，公司于 2025 年 3 月 28 日召开了第二届董事会第二十五次会议，审议 通过了《关于 2025 年度公司及子公司向银行申请授信额度并接受关联方提供担 保暨关联交易的议案》，同意公司及子公司 2025 年度拟向银行等金融机构申请 共计不超过等值人民币 1,500,000.00 万元的综合授信额度，其中康冠医疗申请的 授信额度为 10,000.00 万元人民币，并在必要时由公司关联方张斌先生为康冠医 疗在上述额度范围内申请的综合授信额度无偿提供连带责任担保。 二、担保进展情况 近日，康冠科技就康冠商用向上海浦东发展银行股份有限公司深圳分行 （以下简称"浦发银行深圳分行"）申请综合授信额度事项提供最高额连带责 任保证，被担保债权的最高限额为 30,000 万元。 1、本次被担保对象惠州市康冠科技有限公司资产负债率超过 70%； 2、公司及下属全资或 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [2][15] Core Views - The company has shown a significant performance turnaround in Q1 2025, with revenue reaching 3.14 billion yuan, a year-on-year increase of 10.8%, and a net profit attributable to shareholders of 210 million yuan, up 15.8% year-on-year [6][8] - The company maintains its profit forecast, expecting net profits of 1.09 billion, 1.36 billion, and 1.65 billion yuan for 2025, 2026, and 2027 respectively, with corresponding EPS of 1.56, 1.95, and 2.35 yuan [6][8] Financial Performance - In Q1 2025, the company achieved a gross margin of 13.36% and a net margin of 6.81%, both showing year-on-year increases [8] - The company’s revenue is projected to grow from 13.45 billion yuan in 2023 to 24.26 billion yuan in 2027, reflecting a compound annual growth rate (CAGR) of approximately 16.9% [9][11] - The net profit is expected to recover from a low of 833 million yuan in 2024 to 1.65 billion yuan in 2027, indicating a strong recovery trajectory [9][11] Business Segments - All business lines reported increases in both shipment volume and revenue in Q1 2025, with intelligent interactive displays growing by 10.03%, innovative displays by 50.42%, and smart TVs by 5.88% [7] - The company’s innovative display segment benefits from AI empowerment, enhancing product capabilities and pricing power, with a gross margin exceeding 20% [8] Market Position and Strategy - The company is focusing on expanding its own brands in international markets, primarily through cross-border e-commerce channels [8] - The company’s "随心屏" product is expected to achieve the highest global shipment volume in 2024, including both its own brand and ODM for other brands [7]

Investment Rating - The investment rating for the company is "Buy" (maintained) [2][15] Core Views - The company has shown a significant performance turnaround in Q1 2025, with revenue and profit both increasing. Revenue reached 3.14 billion yuan, up 10.8% year-on-year, and net profit attributable to shareholders was 210 million yuan, up 15.8% year-on-year [6][8] - The company is expected to maintain its profit forecast, with projected net profits of 1.09 billion yuan, 1.36 billion yuan, and 1.65 billion yuan for 2025, 2026, and 2027 respectively, reflecting year-on-year growth of 30.9%, 24.9%, and 21% [6][9] Financial Performance - In Q1 2025, the company achieved a gross margin of 13.36% and a net margin of 6.81%, both showing year-on-year improvements [8] - The company’s revenue for 2023 was 13.447 billion yuan, with a projected growth to 18.315 billion yuan in 2025, representing a year-on-year growth rate of 17.5% [9][11] - The earnings per share (EPS) are projected to be 1.56 yuan, 1.95 yuan, and 2.35 yuan for 2025, 2026, and 2027 respectively, with corresponding P/E ratios of 13.4, 10.8, and 8.9 [6][9] Business Segments - All business lines reported increases in both shipment volume and revenue in Q1 2025, with smart interactive displays, innovative displays, and smart TVs showing year-on-year revenue growth of 10.03%, 50.42%, and 5.88% respectively [7] - The company is focusing on expanding its own brands in international markets, particularly through cross-border e-commerce channels, and plans to launch AI smart glasses in mid-2025 [8][9]

Group 1: Financial Performance - In Q1 2025, the company achieved a revenue of 2.15 billion yuan, a year-on-year increase of 10.82% [2] - The net profit attributable to shareholders was 2.15 billion yuan, up 15.81% compared to the same period last year [2] - The net profit after deducting non-recurring items reached 1.78 billion yuan, reflecting a growth of 31.75% year-on-year [2] Group 2: Product Performance - Revenue from smart interactive display products grew by 10.03%, with a shipment increase of 16.50% [2] - Innovative display products (including three proprietary brands) saw a revenue increase of 50.42% and a shipment growth of 63.56% [2] - Smart TV revenue increased by 5.88%, with shipments rising by 30.98% [2] Group 3: Brand Expansion Strategy - The company is expanding its brand overseas through both online and offline strategies, including building independent brand websites and participating in international exhibitions [2][3] - The company aims to enhance its global influence and market share by increasing R&D investment and launching new smart display products [3] Group 4: Global Market Presence - The company serves clients in over 100 countries, primarily in "Belt and Road" regions, and has established multiple technical support and service centers globally [4] - The company has built wholly-owned subsidiaries and overseas cooperative factories to better respond to market changes and customer needs [4] Group 5: Sub-brand Globalization Progress - The brands "KTC," "Horion," and "FPD" are actively expanding into overseas markets, participating in various international exhibitions [5] - KTC's products are available on platforms like Amazon and Temu, covering North America and Europe, while FPD's smart TVs have performed well in Japan and the U.S. [5] Group 6: AI Product Development - The KTC brand launched AI interactive glasses in November 2024, with further details expected in future announcements [6]

Investment Rating - The investment rating for the company is "Buy" [9] Core Views - The company's television ODM and smart interactive performance continue to show steady growth, with optimism regarding the growth potential from AI-enabled innovations and the expansion of its own brand overseas [5] - Revenue and profit forecasts for 2025-2027 are projected at 17.6 billion, 19.9 billion, and 22.0 billion yuan respectively, with year-on-year growth rates of +13%, +13%, and +11% [5] - The expected net profit attributable to the parent company for the same period is 1.0 billion, 1.2 billion, and 1.4 billion yuan, with year-on-year growth rates of +17%, +19%, and +17% [5] Revenue Analysis - In Q1, the company reported revenue of 3.142 billion yuan, a year-on-year increase of 10.8%, and a net profit attributable to the parent company of 215 million yuan, up 15.8% year-on-year [9] - The smart TV segment saw a revenue increase of 6% year-on-year, with volume and price changes of +31% and -19% respectively, attributed to a strategy of gaining market share through price adjustments [9] - The smart interactive segment experienced a 10% year-on-year revenue increase, driven by a recovery in demand, particularly in professional displays and gaming screens [9] - Innovative products achieved a remarkable 50% year-on-year revenue growth, with significant contributions from the company's own brands [9] Profitability Analysis - The gross margin for Q1 was 13.4%, reflecting a 0.4 percentage point increase year-on-year, primarily due to improved product mix and stable panel prices [9] - The net profit margin for Q1 improved by 0.3 percentage points year-on-year, with a notable decrease in various expense ratios, except for brand-building investments [9] - The company expects to maintain a positive trend in profitability, with net profit margins projected to improve gradually over the forecast period [10]

Group 1 - The company reported a revenue of 3.142 billion yuan for Q1 2025, representing a year-on-year increase of 10.82% due to growth in various product categories, particularly smart interactive display products, innovative display products, and smart TVs, which saw revenue growth of 10.03%, 50.42%, and 5.88% respectively [5][6] - The net profit attributable to shareholders for Q1 2025 was 215 million yuan, a year-on-year increase of 15.81%, while the net profit after deducting non-recurring gains and losses was 178 million yuan, up 31.75% year-on-year [5][6] - The company emphasized the integration of AI technology and innovative product design, which significantly enhanced product capabilities and addressed user needs, contributing to the strong sales performance [6] Group 2 - The company plans to use up to 500 million yuan of idle raised funds to temporarily supplement working capital, with a usage period not exceeding 12 months from the board's approval date [9][14] - This decision aims to improve the efficiency of fund utilization and reduce financial costs, potentially saving approximately 15.5 million yuan in financial expenses over one year based on the current loan market rate [15][64] - The board and supervisory committee approved the use of idle funds, confirming that it does not alter the intended use of the raised funds or harm the interests of shareholders, particularly minority shareholders [18][67]

【WitsView整理】 近日，京东方、彩虹股份、 TCL科技、 三利谱、蓝黛科技、晶合集成、路维 光电、翰博高新、康冠科技9家显示相关企业相继披露2025年第一季度报告。具体如下： 2025年第一季度，京东方实现营业收入505.99亿元，同比增长10.27%，创一季度收入历史新高； 实现归属于上市公司股东净利润16.14亿元，同比增长64.06%；扣除非经常性损益后的净利润13.52 亿元，同比增长126.56%。 | 项目 | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | | --- | --- | --- | --- | --- | | | | | (%) | | | 营业收入(元) | 50.598.933.939.00 | 45,887,570,444.00 | | 10.27% | | 归属于上市公司股东的净利 | 1,613,999,380.00 | 983.812.692.00 | | 64.06% | | 润(元) | | | | | | 归属于上市公司股东的扣除 非经常性损益的净利润 | 1.351.864.713.00 | 596.689.345.00 | | 126.56 ...

Core Viewpoint - 康冠科技 reported strong financial performance for Q1 2025, with significant year-on-year growth in revenue and net profit [1] Financial Performance - The company achieved a revenue of 3.142 billion yuan, representing a 10.82% increase compared to the same period last year [1] - Net profit attributable to shareholders was 215 million yuan, up 15.81% year-on-year [1] - The net profit after deducting non-recurring items was 178 million yuan, reflecting a 31.75% increase from the previous year [1] Business Segments - Revenue from smart interactive display products grew by 10.03%, with shipment volume increasing by 16.50% [1] - Revenue from innovative display products, including three proprietary brands, surged by 50.42%, with shipment volume rising by 63.56% [1] - Smart TV revenue increased by 5.88%, and shipment volume grew by 30.98% [1] Product Matrix and AI Integration - 康冠科技 has developed a diversified product matrix empowered by AI technology, covering key scenarios such as "AI + Office," "AI + Education," "AI + Healthcare," and "AI + Entertainment" [2] - The "AI + Office" initiative enhances user experience and productivity through smart features in interactive panels [2] - The "AI + Education" initiative aids teachers in classroom management and personalized teaching assistance [2] - The "AI + Healthcare" initiative utilizes smart diagnostics to assist doctors in quickly identifying symptoms [2] - The "AI + Entertainment" initiative offers integrated beauty experiences through AI makeup simulation and voice control [2] Brand Strategy - 康冠科技's three proprietary brands—"KTC," "Horion," and "FPD"—reflect its brand strategy in the innovative display product sector [3] - The KTC brand focuses on high-quality gaming monitors and innovative display products, aiming to enhance user experience through a multi-layered user ecosystem [3] - KTC has seen stable growth in online sales and exposure in overseas markets, while also engaging in offline activities to expand market presence [3] - The brand continues to pursue technological innovation and collaboration with global partners to provide high-quality smart hardware products and services [3]

证券代码：001308 证券简称：康冠科技 公告编号：2025-039 深圳市康冠科技股份有限公司 关于召开 2024 年年度股东大会的通知 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 根据《中华人民共和国公司法》《深圳证券交易所股票上市规则》和《深 圳市康冠科技股份有限公司章程》（以下简称《公司章程》）等有关规定，深 圳市康冠科技股份有限公司（以下简称"公司"）第二届董事会第二十七次会 议决定于 2025 年 5 月 20 日（星期二）召开 2024 年年度股东大会，现将会议有 关事项通知如下： 一、召开会议基本情况 1、股东大会届次：2024 年年度股东大会 2、股东大会的召集人：公司董事会 3、会议召开的合法、合规性：2025 年 4 月 28 日公司召开了第二届董事会 第二十七次会议，审议通过了《关于提请召开 2024 年年度股东大会的议案》。 本次股东大会的召集程序符合有关法律、行政法规、部门规章、规范性文件及 《公司章程》的规定。 4、会议召开日期、时间： （1）现场会议开始时间：2025 年 5 月 20 日（星期二）下午 3:00 （2）网 ...

证券代码：001308 证券简称：康冠科技 公告编号：2025-037 深圳市康冠科技股份有限公司 第二届监事会第二十六次会议决议公告 本公司及监事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 深圳市康冠科技股份有限公司（以下简称"公司"）第二届监事会第二十六 次会议于 2025 年 4 月 28 日上午 11:00 以现场及通讯方式在公司会议室召开。公 司于 2025 年 4 月 25 日以邮件形式发出本次监事会会议通知。本次会议由监事会 主席陈文福先生主持，会议应出席监事 3 人，实际出席会议监事 3 人，其中监事 郑谋以通讯方式参加本次会议。公司董事会秘书孙建华先生列席了会议。本次会 议的召集、召开和表决程序符合国家有关法律、法规及《公司章程》的规定，会 议形成的决议合法有效。 二、监事会会议审议情况 经与会监事认真审议，以记名投票表决方式通过以下决议： 1、审议通过《关于 2025 年第一季度报告的议案》。 监事会认为：董事会编制和审核《2025 年第一季度报告》的程序符合法律、 法规、中国证监会和深圳证券交易所的相关规定，报告内容真实、 ...